We might be in for a nasty sell-off.While not a perfect pattern, it appears to have triggered a sell trade.
With a 5.64 to 1 risk/reward ratio, this is a no-brainer trade for me. Profit target near 7.97 with stops above 10.78.
Execute the best trades. Profits will follow.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Trade active
Sell limit triggered. Place stops above 10 78. Patience is the key. If stops are reached move to next trade. With high R/R you do not have to win all your trades.
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